A note on resultants on the 5 minute KC chart for long trading :
VECTOR ...............................................RESULTANT................BEST ENTRY
mid BB up, inv MACD up...............................up............... .........upper Keltner
mid BB up, inv MACD slightly up.....................slightly up...............near upper Keltner
mid BB level, inv MACD level..........................level.............. .......mid Keltner
mid BB slightly down, inv MACD down..............slightly down...........near lower Keltner
mid BB down, inv MACD down........................down.................. ..lower Keltner
Note that this is exactly the same procedure as for trading short, only that we use an inverted MACD.
FXCaribbean asked why we started trading short first. Now you know.
By trading short we used a straight Di Napoli MACD.
By now going long, we have to first learn more by developing an inverted Di Napoli MACD.
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